Manchester United have signed a huge £750million deal with sports conglomerate Adidas, adding to the Red Devil’s transfer war chest, Daily Star reports.
For several years the Red Devils had Nike as the club’s kit provider, but for the start of the 2014/2015 season Adidas will be taking over after agreeing a 10-year deal.
A club statement said: “Manchester United has reached a 10-year agreement with adidas for a global technical sponsorship and dual branded licensing deal for a minimum guarantee of £750m subject to certain adjustments, beginning with the 2015/2016 campaign.”
The agreement is worth double what Nike were currently paying the club, which will give another boost into manager Louis van Gaal’s transfer funds.
The Dutch boss has been targeting several players as he attempts to rebuild the squad during their first ever Premier League season without the Champions League.
United have already secured the combined £60million signings of Ander Herrera from Athletic Bilbao and Luke Shaw from Southampton, but is expected to continue the spending spree.
Van Gaal will be keen to fill the centre-back void left by Nemanja Vidic and Rio Ferdinand after the duo departed Old Trafford earlier this month.
— Manchester United (@ManUtd) July 14, 2014